Post
Topic
Board Bitcoin Discussion
Re: interesting article: Pay-to-use blockchains will never achieve mass adoption
by
larry_vw_1955
on 28/09/2023, 00:16:43 UTC
With such argument, i would point out it's free to download Bitcoin wallet software.
sure you can download a zillion different bitcoin wallets maybe that's free you can make as many bitcoin addresses as you want but you can't really DO anything with it without paying fees. and those little wallet softwares you download onto your phone aren't full clients. to actually download bitcoin core and keep it updated you are going to pay. pay in computer hardware and internet connection and then when you actually want to do a transaction you're going to pay a fee in bitcoin too.
don't forget all the time it costs you to set up and maintain your copy of the blockchain too because no one is paying you for that...

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And PayPal usually charge tx fee.
they never charged me any fee for buying things on ebay.


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Most people who use Facebook only use it for communication purpose though.
which is totally free.

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So IMO comparing total Facebook and Bitcoin user isn't good comparison. For example, how many Facebook user ever use Facebook Marketplace (where actual money transfer usually happen outside Facebook system)?
apparently facebook marketplace is also free. free to sell stuff on. you don't pay a fee to facebook for using it. apparently. Shocked

Quote from: Blitzboy
The article is well-written.
i thought it was. not your typical go with the flow article.